MINING NEWS.

Auckland Star, Volume XXIV, Issue 4325, 26 March 1884, Page 2

MINING NEWS.

[BY TELEGRAPH—OWN COREESI'ONDENT.]

Tho Now Discovery of Gold. Thames, this day. Rtci'OßTS havo been received here that a genuine And lias been made by \jf. A. Hunt and Dan Leary. the well-known prospectors, in Rotokohu basin, near Karangahake. The locality is one in which loose spocimenshavefor yiwe b.en obtainable, but all attempts to discover a doffned lode havehlthorto boon fruitless. The prosnectors are Slid to have now unearthed a strong body of stone, traversod by a number of vein.., in which gold is plentifully visible, •j -c uarl v are so much impressed with the importance "of their find thai machinery site and water-race have been pegged out Mr Hunt describes the locality of the find as hoing at RotokuhU. in Ohinemuri district, about 31 miles f'oin Paeroa, anil only half-a-milo above the main mad in Rotokuhu baeio. The reef at present fi a fswieen-inch load, and tho 3tone shows gold freely. In addition to tho. precious nietiU contained in tho quartz, the dirt, when washed out, yields ldwt. of gold from a small dish. The gold is very coarse-tho coarsest indeed ever found in this colony; and the reef will not on ly be .»_s!ly worked, but the proximity to a in-in road ofl-i- oxeiiptioniil faculties for E. Uine tho quartz to the battery. A track can bo made from the mine to the load, and operations stirted within a week. Mr Hunt and his partner havo applied for a mining lease of 15 acres of land in tho locality. and intend to start work at once—Mr Hun' holding three-fourths of the interest in the venture, A parcel of stone will be not out without delay, and will be sent to the battery to be tested, though the prospectors are confident, without such evidence, that tho reef will nrove very remunerative. In tlie early days of tne Ohlnemnlrl district, Mr Hunt spent over £500 prospecting sold in this place, having beciisatisfied.fromlndicalioii-.tbatgoldbcaring reefs were to be found, and the discovery of gold at this late period proves the correctness of hisjudgment. nine Reports. D-JSP Level CnosS.—lt has transpired that the directors have telegraphed to Government applying for the concession of a rock borer to be employed ia prospecting works at tho SiO feet level. If Obtained, if will be brought to bear upon the seaward crosscut just resumed, and also used driving on the cross-reef when to hand. , . , Cambtiia.—Gold was again seen when breaking the reef in the winze on Monday night. The shaft is pa_6ing through favourable country. The chnmber of the new level will be exoavated after sinking a further depth of 9' feet. London.—Tno i-tope. on No. 1 reef above the intermediate level hit t'e yielded ISlbs of pirked stone within tho last few days. The manager has commenced a crosscut at No 4 level to intersect tho hanging wall branch ot the reef. Dart.—A draw lift has been fixed in the shaft below Mo, 3 level, and sinking operations resumed. . ■ Queen of Beauty.—Tho reef in the southern drive at No. 10 level is 2 feet wide, but no epld was seen when it was broken down to day, though the minerals aro unchanged. Caledonian lx>w Level.—The timnel at 610 feet level has boen extended 110 feet. A rather hard bar of country has been travelled during the past weok, hut excellent sandstone has now supervened. ..,_,„ New UaSVKav.— Thero are lo leads of quartz on hand, which will be crushed at tho Golden Crown battery next week.